deVere Investor Insight - Q1 2021

When we think of precious metals, we think gold and silver. They are the glitter bugs of the precious metal kingdom and probably the most sought after because they are used in jewellery. But investment grade gold and silver are not bought for their sparkling personality, but for their value as a commodity. These precious metals have always been a haven during economic turmoil, political unrest, and times of war. They are not impacted by global occurrences and supply and demand in the same way as other assets. During periods where interest rates are very low and market returns are generally not high on other assets, gold and silver prices tend to go up. But where do these precious metal obsessions come from and why is it so sought after? IN FACT, HOW DID GOLD & SILVER BECOME VALUABLE ? Investor Insight // Q1 - 2021 31